Rising oil prices are shaking global markets, but the U.S. is largely insulated and bitcoin seems to be riding the wave alongside Wall Street.
Bitcoin steadies as limited U.S. exposure to oil shocks calms markets
Rising oil prices are shaking global markets, but the U.S. is largely insulated and bitcoin seems to be riding the wave alongside Wall Street.
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Ark also bought $12 million worth of crypto-friendly investment platform Robinhood and $4 million worth of ether treasury firm Bitmine Immersion Technologies.
Capital contribution aims to fast-track Bitcoin accumulation and strengthen Metaplanet's global treasury footprint.
The token's performance is being closely watched, particularly around the $674 resistance level, which could indicate a breakout if surpassed.
The company added 1,142 bitcoin purchased for about $90 million, or an average price of $78,815 per coin.